25.Mar .2022 23:00

Swiss adopt more EU sanctions against Russia

Swiss adopt more EU sanctions against Russia
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The Swiss government announced Friday it has decided to adopt more European Union sanctions against Russia over President Vladimir Putin's invasion of Ukraine.

Switzerland will now prohibit the export of goods and related services for the Russian energy sector, the government said in a statement. "Also prohibited is the participation in businesses active in the energy sector and the provision of loans or other financial resources to such businesses," the statement said.

The government will also ban iron and steel goods imports from Russia and block the export of luxury goods and maritime navigation goods to the country. In the financial sector, Swiss transactions with certain Russian state-owned firms will be barred, NBC NEWS reports